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Breaking Posted 1 hour ago

US Strategic Petroleum Reserve Falls to 282.7M Barrels, Lowest Since 1982

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US crude oil reserves in the Strategic Petroleum Reserve dropped to 282.7 million barrels last week, the lowest level since 1982. Lower SPR stockpiles tighten global crude supply and support oil prices, affecting commodity-linked currencies including CAD and emerging-market exporters. Traders watch next week's unemployment and PMI data for Fed rate-path confirmation.
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